Interview: Why the Reserve Bank had to increase rates

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The Reserve Bank has increased the official cash rate by 0.25% at its May meeting. EY Oceania Chief Economist Cherelle Murphy tells Sean Aylmer why the RBA had no option but to increase rates, and what it means for businesses and homeowners.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.